Blended Fibers Market Regional Analysis:
Based on region, the global blended fibers market has been segregated into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Asia-Pacific accounted for the largest share of the market in 2017, owing to the growing textile and home furnishings sector in developing nations, such as India and China. The expanding commercial and residential construction as a result of rapid urbanization and industrialization is expected to propel the demand for blended fibers in the region.

The market in North America is expected to be the fastest growing due to increasing government regulations for the use of eco-friendly products, and rising public awareness are some of the key factors propelling the market growth. However, the European market for blended fibers is expected to grow during the review period due to the rising demand for blended fibers in well-established heritage and residential construction in the region. The markets in Latin America and the Middle East & Africa are expected to exhibit considerable growth during the review period due to the expanding residential construction and rising demand for modest apparel in the region.

Some of the key strategies adopted by market players, due to the growing concern for environment, include new product developments, expansions, and acquisitions. For instance, in March 2018, Lenzing Group, an Austria-based specialty fiber maker, has announced to launch Lenzing EcoVero production, a viscose fiber that has a very low environmental impact.
However, fluctuating cost of raw materials such as cotton, polyester, and nylon may hinder the blended fibers market growth.

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